The teen retailer has closed around 90 stores over the past two years. The news of more store closures Wednesday came after the company, which also owns Hollister, reported positive sales growth in its fourth-quarter results.

Abercrombie & Fitch has not yet announced what stores will be shuttered. Some of the retailer's leases are up for renewal by year's end, CNBC reported. The company has a store at Crossgates Mall in Guilderland and another at a mall in Poughkeepsie.